I mentioned this to Old Joe last night and here's what he said.....
Yes! I read that as well. Based on many (a few I can at least recall some central points on) previous take overs or buy outs and the like there have been cases where a Major Investment firm such as JP Morgan have represented both sides of a major deal. Legal, Professional, and Incentive considerations go a good ways toward allowing it to be beneficial and competitive to the Auctioned Company. There are way to many other considerations that I could make reference to as well but thay may cause too much speculation that ultimately will be far more distracting than being constructive. |